According to the Powerball website, "Powerball is a combined large jackpot game and a cash game. Every Wednesday and Saturday night at 10:59 p.m. Eastern Time, we draw five white balls out of a drum with 59 balls and one red ball out of a drum with 35 red balls. Draw sales cut off at least 59 minutes before the draw."

The jackpot is won by matching all five white balls in any order and the red Powerball. Each ticket costs $2.

The second prize (won by matching five white balls in any order) is $1 million.

The overall odds of winning a prize in the game are approximately 1 in 32.

The overall odds of winning the jackpot prize is approximately 1 in 175 million.